Weekly inflation drops 0.4pc
ISLAMABAD:Â The Sensitive Price Indicator (SPI)-based weekly inflation (as on January 23) for the combined consumption group decreased by 0.40pc as compared to...
Oil drops more than 2% on China virus fears
NEW YORK: Crude prices fell more than two percent on Friday, heading toward $60 a barrel and a steep weekly decline over...
Agreement to develop Rashakai economic zone signed
ISLAMABAD:Â A Chinese company has agreed to undertake development work at Rashakai Special Economic Zone (SEZ), Gwadar Pro App reported.
In this regard, China...
PRA registers over 15,000 businesses under STS
LAHORE:Â The registration of new businesses in Punjab under the Sales Tax on Services (STS) regime has posted a sharp increase during the...
PIA no longer a defaulter
KARACHI: The Pakistan Stock Exchange (PSX) on Friday announced that it has removed Pakistan International Airline (PIA) from its defaulters' segment.
The national...
Oil falls below $61, heads for weekly loss on China virus concerns
LONDON:Â Oil extended losses on Friday to trade below $61 a barrel, heading for a weekly decline as concern that the coronavirus in...
Summary advocating uniform gas tariff for zero-rated industry postponed
LAHORE:Â Even after the introduction of regionally competitive gas price at $6.5/mmbtu (Rs1,000/mmbtu), the textile millers of Punjab are facing serious competitiveness issues...
MoC to hold Pak-Africa trade conference in Kenya
The two-day event, which will host dignitaries from 20 African countries, will commence from Jan 30 in Nairobi
PBC denounces govt’s ‘knee-jerk U-turns’ on economic policy
KARACHI:Â The Pakistan Business Council (PBC) issued a strongly worded statement denouncing the government's stance on surcharges and taxes, and dubbing its current...
Stocks gain 126 points in volatile session
KARACHI: Pakistan Stock Exchange (PSX) witnessed another volatile trading session on Friday, with the indices shifting sides before settling in the green....
Govt likely to leave 9th NFC inconclusive
ISLAMABAD: Despite its tall claims of presenting the National Finance Commission (NFC) Award on time as per its constitutional obligation, the Pakistan...
SBP reserves up $146m to $11.7bn
The foreign exchange reserves held by the State Bank of Pakistan increased 1.26pc on a weekly basis, according to data released by...
Int’l payment platform ‘Payoneer’ expands services in Pakistan
ISLAMABAD: Freelancing is gaining traction all over the globe and Pakistan is no different. However, a lack of payment gateways for foreign...
‘Early warning system’ being developed to counter food inflation: minister
ISLAMABAD: National Food Security and Research Minister Makhdoom Khusro Bakhtiar said on Thursday that the government was focused on curbing food inflation...
Gold imports increase 4.78pc in six months
ISLAMABAD:Â Gold imports into the country increased by 4.78pc during the first half of the current financial year (2019-20) as compared to the...